Real Estate

Why Landlords Need Dedicated Accounting Software Managing rental properties requires precise financial tracking. Many landlords use general accounting software, but these platforms lack features tailored for property management. Dedicated accounting software for landlords offers specialized tools that simplify bookkeeping and improve financial oversight. The Limitations of General Accounting Software Popular accounting platforms like QuickBooks and […]

UK Rental Market: Rising Costs & Trends Explained Significant Increase in UK Rental Costs Since 2021 Recent research indicates that the average annual rent for newly let homes in the UK has risen by £3,240 since 2021, reaching £15,240 in 2024—a 27% increase from £12,000 in 2021. This surge has outpaced income growth, which saw

UK & Ireland Rent Crisis Shocking 27% Increase Since 2021 Annual Rent for Newly Let UK Homes Increases by £3,240 Since 2021 Since the end of pandemic lockdowns, the average annual cost to rent a new home in the UK has risen by £3,240, reaching £15,240 in 2024—a 27% increase from £12,000 in 2021. This

UK House Prices Experience Significant New Year Surge In January 2025, UK house prices increased by nearly £6,000, marking the largest new year rise since 2020, according to Rightmove. The average asking price now stands at £366,189, though this remains £8,942 below the record high set in May 2024. Rightmove forecasts a 4% increase in

Inheritance Tax Revenue Surges with Rising Property Values in Ireland. In 2024, the Irish government saw a significant increase in inheritance tax revenue, largely due to escalating property values. Capital Acquisitions Tax (CAT) receipts rose by over €220 million, totalling nearly €854 million. Dublin, known for its high property prices, contributed over half of the

UK House Prices Expected to Fall in 2025 After Record High In December 2024, UK house prices reached a record high of £298,083, a 4.8% increase from the previous year. This growth was driven by decreasing mortgage rates and wage growth surpassing inflation. However, experts predict a modest growth of 0-3% in house prices for

City of London’s Tallest Tower Gains Approval The City of London has approved the construction of its tallest skyscraper, a landmark development that will rise to 305 meters. Dubbed “The Diamond,” the tower will feature sustainable architecture, extensive office space, and public observation areas. The project is a bold step in reshaping the city’s skyline

Office Space Demand Surges in Greater London and South East UK The demand for office spaces in Greater London and the South East jumped by 38% in 2024. Over 2.1 million square feet of office space has been let so far, fuelled by renewed post-pandemic business activity. This trend highlights a strong market recovery, with

UK House Prices Show Signs of Stabilization After a turbulent year, the UK housing market displays signs of stability. Recent data shows a marginal 0.3% rise in asking prices for September, following interest rate cuts by the Bank of England. However, uncertainties about the Autumn Budget have kept price growth below seasonal averages. Analysts project

UK House Price Growth Stagnates UK house prices recorded minimal growth of just 0.1% between September and October 2024, far below forecasts. Market activity is slowing ahead of the Autumn Budget, which includes higher taxes on buy-to-let properties. The policy changes have raised concerns about affordability for renters and reduced supply in the housing market​.